Business

Businesses across Europe are reworking IT budgets as they look to cut operating costs and get more from the software they already pay for, according to a new study by ...

Cyprus brought together 27 Port State Control inspectors from 11 Mediterranean countries for specialist training on cargo securing, strengthening regional cooperation on maritime safety and ship inspections.  The two-day seminar, held on ...

Air transport prices in Cyprus fell in June while average air fares across the European Union continued to rise, according to figures released by Eurostat this week. The EU statistical ...

The euro area’s private sector improved far more than expected in July, with activity returning to pre-escalation levels after the conflict with Iran, even as the latest flare-up threatens ...

By Theodoros Loukaidis, Director General of the Cyprus Research and Innovation Foundation We often speak about young people as the leaders of tomorrow. Truth is, many of them are already ...

Cyprus implemented 25 per cent of its 2026 development budget during the first half of the year, maintaining the same pace as in the corresponding period of 2025 and running above the 22 per ...

The European Central Bank (ECB) left its key interest rates unchanged earlier this week, with Central Bank of Cyprus (CBC) governor Christodoulos Patsalides warning on Friday that the broader effects ...

The Central Bank of Cyprus (CBC) on Friday called on citizens to take part in a Europe-wide survey launched by the European Central Bank (ECB), inviting the public to help ...

A major international crackdown on botnet infrastructure has failed to reduce cyber risks facing businesses in Cyprus, according to new data released by cybersecurity company Qrator Labs for the second ...

The European Central Bank (ECB) on Friday released the latest results of its Consumer Expectations Survey for June 2026, showing a broad easing in inflation expectations and a mixed outlook for ...

Cyprus had one of the lowest levels of precision farming adoption in the EU in 2023, with only about 1 per cent of farms using such technology, according toa report from Eurostat. ...

The anticipated IPOs of Anthropic and OpenAI could be among the most consequential market events of a generation by setting a benchmark valuation for AI-native firms. Alexey Garyunov, general partner ...

Demetra Holdings Plc on Friday announced to investors that it purchased more of its own shares during the trading session on July 23, 2026. The share repurchase was executed through the Cyprus ...

Trade unions representing hotel and leisure-centre workers in Cyprus have called for immediate workplace inspections, warning that the use of temporary workers supplied on a “rental” basis is rising sharply ...

The head of the International Maritime Organisation (IMO) has condemned renewed attacks on commercial vessels in the Red Sea, warning that the violence is endangering seafarers and placing further pressure ...

Cyprus wants to become a trusted regional artificial intelligence hub in the Eastern Mediterranean, using technology to improve people’s lives and strengthen the economy without allowing it to weaken ...

TechIsland has presented the first-year results of its €2 million Wildfire Initiative, showing how an emergency appeal launched after the devastating fires of 2025 has developed into a long-term programme spanning prevention, ...

US chipmaking giants Intel and Advanced Micro Devices are signing longer-term purchase commitments with Chinese server customers ‌for data-centre processors as prices surge, two people familiar with the talks said. ...

Aegean Shipping Management marked a fresh stage in its fleet renewal earlier this week, with the naming ceremony of its new tanker M/T Green Liberty at COSCO Yangzhou Shipyard ...

The European Commission recently adopted a communication addressing the competitiveness of the EU banking sector to strengthen the Single Market for banking. European Commission President Ursula von der Leyen stated ...

The Electricity Authority of Cyprus’ (EAC) trade unions, Epopai, Sidikek, Sepaik and Syvaik, announced on Thursday that they had suspended planned strike action until September, citing the “difficult conditions” facing ...

Paphos has been named the world’s best destination for sunrise and sunset views in a ranking from the European photo-printing company Cewe, the Paphos regional tourism board (Etap) shared ...

Power cuts across Cyprus left 14 people trapped in lifts on Wednesday night, prompting multiple rescues by the fire brigade, which cautioned that responsibility for such incidents lies primarily with lift ...

The Electricity Authority of Cyprus (EAC) will remain central to the country’s energy transition as the government pushes ahead with investments in electricity networks, energy storage and conventional generation ...